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Because she would be an uncomfortable reminder of the old decadent Clinton years. And because 4 years is a long time in politics. The two presidential candidates in 2008 will be chosen on the basis of who is who and what is what in 4 years time, not on the basis of who we think is fashionable now. I remember that when Bush lost in 1992, people were predicting that Dan Quayle would run in 1996 (ha ha).
Can you provide a link for that, swaggerstick? As far as I can see the 22nd Amendment says clearly that you can only be elected twice. www.gpoaccess.gov/constitution/html/amdt22.html
He could still become president if for example he returned as vice-president, and the president died. But he can't be elected president again as I read it. Haven't found anything to say he can take a break then start over.